I'm feeling pretty meh about this sale.
For one thing, I've built up an enormous number of games I've never even launched in my steam library (204 at the moment, rookie numbers for some, but a veritable bookshelf worth of jewel cases in the old days). I have plenty of entertainment on tap if I want it.
But what's more is like Smog, I tend to pick up games on my wishlist after they've hit roughly $5 (maybe $10.00 for titles I might really want), but pricing for software that's even several years old has been stubbornly high for a while and is not dropping as low as I would have hoped or expected.
For example, I thought Doom 2016 would take ~75% off its $20 base price to build excitement for the new Doom installment and bring it under my price cap, but its currently only a paltry 25% off and even higher than my $10 well I really want it limit. Wolfenstein TNC should really be a game with a $20 base price now, but the game is stuck at a $60 asking price with a discount that brings it down to $20, which is a bit high in my regard for a two year old single player FPS with mixed reviews.
And for the first time ever, a bunch of my wishlist is not even on sale at all.
If I'm picking up anything during this sale, it will likely be Baldur's Gate 2 Enhanced Edition (always nice to have a digital copy with all the expansions and some QOL improvements) and Batman Arkham Knight (even though I still have Origins sitting in my library, waiting to be played). But since there are no flash sales anymore, I'll wiffle and waffle until July 9th to see if I want to bite the bullet.
I've been having better luck with the Steam winter sale in recent years. I don't know if its just because I'm feeling more spendy at that time of year, if the deals are better, if its because my friends and I do a gift exchange and I end up getting games for more than I would normally pay for them, but the winter sale just *feels* better for some reason.